How did india raise the most money from IPO?
The year 2024 was a historic year for india, especially in terms of IPOs (Initial Public Offerings). This year india raised the most money from IPOs, and that too leaving behind big countries like America and China.
What is IPO?
IPO (Initial Public Offering) is a process under which a company introduces its shares in the market for sale to the public for the first time. When a private company decides to sell its stake publicly, it launches an IPO. Its purpose is usually to raise capital, so that the company can expand its business or invest in new projects.
Through IPO, the company lists its shares on the stock exchange, so that investors can buy shares of that company. This gives investors an opportunity to become a shareholder in the company, while the company gets the necessary funds for growth. The valuation of the company associated with the IPO and the subsequent share price depend on the response of investors in the market.
The success that india achieved with IPO in 2024 became a topic of discussion around the world. According to the report of Bloom Ventures, 23% of all the IPOs in the world in the year 2024 took place in India. This means that india contributed to almost every fourth IPO in the world. india did a total of 268 IPOs, including 90 mainboard listings and 178 SME (Small and Medium Enterprises) listings. These IPOs raised a total of ₹ 19.5 billion (about Rs 1.6 lakh crore), which was the highest in the world this year.
click and follow Indiaherald WhatsApp channel